Time Warner Telecom redeems $200 million 9¾% notes due 2008

By Angela McDaniels

Seattle, Nov. 3 - Time Warner Telecom Inc. said it has called its $200 million of 9¾% senior unsecured notes due 2008.

The notes were called at 101.625% of par, a premium of $3.3 million.

The company will utilize cash on hand to redeem the notes and expects the redemption to occur in December, according to a company press release.

Time Warner Telecom is headquartered in Littleton, Colo., and provides managed network services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.